New agreement between EU and New Zealand to create a more secure and trade-friendly environment

A new customs agreement between the EU and New Zealand officially entered into force on 1 May. The agreement enables both partners to work together to prevent, investigate and combat breaches of customs rules. It paves the way for more cooperation on customs security and a safer, trade-friendly environment for businesses and consumers alike. Total trade between the EU and New Zealand in goods amounted to €8.4 billion in 2017 and trade in commercial services amounted to a further €4.4 billion in 2016. The entry into force of the agreement follows its signature in July 2017.

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